Mentor Graphics Reports Second Quarter Results Mentor Graphics Corporation announced second quarter revenue of $205.7 million, up 15% over the prior second quarter. On a GAAP basis, earnings were $.03 per share, up from a loss of $.01 in the year ago second quarter, despite $4.1 million of in-process R&D charges related to the Sierra Design Automation acquisition. On a non-GAAP basis, earnings were $.15 per share, up from $.09 a year ago. These results incorporate the change in the fiscal year with the second quarter running from May 1 to July 31.
Accellera Approves Functional Design Verification Standard Accellera announced that its Board of Directors, representing semiconductor, IP, EDA companies and systems houses, approved Accellera's Open Verification Library (OVL) 2.0 as an Accellera verification standard last month. OVL improves electronic design quality and supports Assertion-Based Verification (ABV) with Verilog, SystemVerilog, VHDL and the Property Specification Language (PSL).
The Accellera OVL standard includes a library of assertion checkers provided as an open standard. It improves electronic design verification when using Hardware Description Languages (HDLs) and results in better quality designs by enabling effective use of ABV methodologies.
Solido Receives $6.5M Second Round Financing Solido Design Automation today announced second round financing of $6.5 million, bringing total funding in the company to $9 million. The funding will be used to help accelerate the development and deployment of Solido's transistor-level statistical design and verification software technology, which aims to ensure robust analog/mixed-signal, custom digital, and memory IC designs.
Open SystemC Initiative Launches New SystemC Community Website The Open SystemC Initiative (OSCI), an independent non-profit organization dedicated to supporting and advancing SystemC as an industry standard language for electronic system-level design, announced the launch of its new website for the SystemC community. Featuring fresh technical content, a range of free downloads, links to the activities of worldwide SystemC user groups, and user-friendly navigation, the new site furthers the organization's goal of making the worldwide SystemC community more vibrant, connected, and well informed. Visit the new site at: www.systemc.org.
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